"Trump Media Executives Profit Despite Halving Share Price"
Despite Trump Media's falling share price, executives are receiving significant financial compensation in the form of promissory notes, with CEO Devin Nunes receiving $1.15 million, CFO Phillip Juhan receiving $4.9 million, and COO Andrew Northwall receiving $200,000. The company's shares have plummeted by 55% since reaching a high of $80 after its merger, raising concerns as it posted a net loss of $58 million last year on revenue of $4.1 million. Additionally, the company is funded by a retail investor base, with former President Trump being the majority shareholder.
